Sunday, November 09, 2008

Moola Mania

Hi Everyone,

It took more than a year to achieve my goal of getting few finance professionals together. Global financial meltdown helped me to form the team. We started writing few days ago. It may take few more days to gain the full momentum. Please visit Moola Mania, the RSS feed is at http://www.moolamania.com/feed/. We are still working on the layout. If something is broken, please let us know.

We welcome your comments and feedback.

Regards
Bharathi

Wednesday, June 20, 2007

This blog will not be active in blogspot

I am in the process of moving this blog to a hosted site where I invested. I am also in the process of pulling in other writers to make this blog worthwhile to visit.

I won't be writing any posts in this blog until I accomplish both the tasks I mentioned above.

My tamil blog will be still in blogspot. I am writing tamil blogs once a week, at least I try to.

Please send your comments to tamilnithi at... gmail dot com.

Wednesday, May 16, 2007

Insider Trading

Martha stewart went to jail for insider trading. Christopher Balkenhol pay some penalty for the same crime, but won't go to jail.

Former Oracle Corp. vice president, Balkenhol will pay $198,000 to settle insider-trading charges stemming from trades he made in advance of news about acquisitions by the company, federal regulators said on Monday.

The SEC charged that Mr. Balkenhol learned about the acquisitions of Siebel Systems Inc. and Retek Inc. from his wife, who worked as the lead executive assistant to Oracle Chief Executive Larry Ellison and two co-presidents. His wife had access to their schedules and was aware of significant merger-related meetings, the SEC said.

If Martha was quiet when FBI talked to her, she could have avoided the prison term. She was punished mainly because of perjury. Insider trading alone didn't put her in trouble. Balkenhol is lucky to get away with just the penalty.

Wednesday, May 09, 2007

As Market Cools, Home Buyers Seek a Way Out

WSJ ran an article about the creative ways thru which buyers bail out of the contracts.

For some builders, the disputes are contributing to cancellation rates as high as 30% and writedowns in some markets. "People will go to great lengths to get out of a legally binding transaction," said Larry Sorsby, chief financial officer of Hovnanian Enterprises Inc. "They were willing to ride the real-estate boom on the way up, but some are not willing to ride it on the way down."

Duh...!

Tuesday, May 08, 2007

Supersonic SEC

SEC accused two Hong Kong residents of insider trading. I am surprised by the quick and swift action from SEC. The alleged insider trading happened just last week. SEC already filed the lawsuit!

The lawsuit in U.S. District Court in Manhattan named as defendants Kan King Wong and Charlotte Ka On Wong Leung, a married couple. It alleged they made "highly profitable and highly suspicious" stock purchases based on inside information between April 13 and April 30.

You can read the complete story here. I hope that all law enforcement agencies act with such a speed!

Wednesday, April 18, 2007

Yahoooooo? or Ya Who??

Yahoo screwed up. That's the sum of it.

Yahoo reported net income of $142 million, or 10 cents a share, down 11 percent from a year earlier and below analysts' forecasts of 11 cents a share.

It's 10:48 EST. Yahoo is already down 11% on more than double the average volume. Not good. More troubled times ahead for Yahoo and for its investors. I believe that Yahoo, Ebay and Google will rule the internet. I can't confidently say that anymore!

May be it is the time to act on Peanut butter memo.

Thursday, April 12, 2007

Indian Real Estate Seminars in U.S!

It may be the another sign that Indian Real Estate Market is peaking.

Citibank NRI Business is organizing the India Real Estate Seminars in U.S. I got the email for the following seminars in California.

1. Santa Clara

Date : Saturday, April 14, 2007
Time : 3:00 p.m. - 6:00 p.m.
Venue : Marriott - Santa Clara, 2700 Mission College Blvd, Santa Clara, CA 95054


2. Artesia (L.A.)

Date : Sunday, April 15, 2007
Time : 11:00 a.m. - 1:30 p.m
Venue : Woodlands Banquet Hall, 11845 Artesia Blvd, Artesia, CA 90701


3. Canoga Park (San Fernando Valley)

Date : Sunday, April 15, 2007
Time : 4:30 p.m. - 7:00 p.m.
Venue : Royal Delhi Palace, 22323 Sherman Way #11, Canoga Park, CA 91302

If you live around these areas, just go there and listen to all those 100% ROI promises!

10 Lethal Mistakes for Real Estate Investors

Bankrate published a good article in Yahoo Finance about real estate investment.

If you are a real estate investor or speculator, read that article. It has good pointers.

Common mistake is "Misjudging cash flow". Many people fall into this trap. I feel that this should be the #1 mistake in Bankrate's list.

TiEcon 2007

If you live in Silicon Valley, do not miss TiEcon. It’s an event organized by TiE Silicon Valley. You will learn a lot in the two days conference. Lot of smart people are going to speak. Meg Whitman, Marc Benioff and Vinod Khosla are going to discuss business planning, marketing your ideas and socially responsible businesses.

Apart from all these speeches, it’s a good place to network. If you can get a VC to look at your plan, this may be the life changing event also!

Here is the snapshot:

Event dates: May 18 – 19

Venue:

Santa Clara Convention Center
Great America Parkway
Santa Clara, CA

Visit the web site of TiEcon for more details.